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incentive pay in the critical banking segments of treasury/capital market management and investment banking for 66 banks. We …
Persistent link: https://www.econbiz.de/10010412865
The authors compare a firm's costs and benefits of providing apprenticeship training in Austria and Switzerland, using … pay in Austria, which in turn is associated with collective bargaining agreements and competition with alternative school …
Persistent link: https://www.econbiz.de/10011743102
This paper analyzes the allocation of workers to jobs and the wage distribution in Germany. Our main contribution is to …
Persistent link: https://www.econbiz.de/10011524613
theory of knowledge hierarchies in an industry equilibrium model of monopolistic competition to examine how the economic … test the theory with original and matched parent and affiliate data on the level of decentralization of 660 Austrian and …
Persistent link: https://www.econbiz.de/10012119950
within education groups, our theory helps to explain (1) rising wage inequality between groups, and (2) rising wage …
Persistent link: https://www.econbiz.de/10009765032
Concentrated ownership of large listed companies is widespread throughout the world, and Germany is typical in this … on minority shareholders of increased ownership (greater monitoring of management, and reduced incentives to exploit …
Persistent link: https://www.econbiz.de/10009781688
Persistent link: https://www.econbiz.de/10003688926
Previous assessments of nominal exchange rate determination have focused upon a narrow set of models typically of the 1970 s vintage, including monetary and portfolio balance models. In this paper we re-assess the in-sample fit and out-of-sample prediction of a wider set of models that have been...
Persistent link: https://www.econbiz.de/10011507659
One can be independent, or subject to decisions made by others. This paper empirically tests whether individuals attach an intrinsic value to the institutional difference between independence and hierarchy. Taking self-employment as an important case of independence, it is shown that the...
Persistent link: https://www.econbiz.de/10011507967
, Spain, France, Switzerland and Germany. We then draw conclusions, how the market for insurance against natural disasters …
Persistent link: https://www.econbiz.de/10011511057